Education and Career Forum

Which Banks provide Education Loan upto Rs. 4 Lakhs without collateral security ? As I am a SON of state Govt Employee but have no property.

There is no need to take tension even though you do not have property but want to take education loan. Today education system has globalized tremendously. Now it is easy to pursue higher education since various organizations are there to help the students by offering scholarship and education loans.

As you want a loan of 4 lakhs, so it is easy to get the loan sanctioned. This is because a loan amount of 4 lakhs is not a large amount for the bank and one can get it sanctioned without much norms. There is no requirement of collateral security in any of the private or private nationalized banks if you want to take a loan of 4 lakhs. If you go for SBI, then you need to fulfill the criteria of collateral security to get an education loan of 4 lakhs. You can get the loan from banks like Bank of India, HDFC, Allahabad Bank, Andhra Bank, UCO Bank, Punjab National Bank, etc.